RESTAURANT PERMITTED +/-1,594 SF Prime Retail for Sale West End

1047 Ralph David Abernathy Boulevard Atlanta, GA 30310

1047 Ralph David Abernathy Boulevard, Atlanta, GA, 30310
1047 Ralph David Abernathy Boulevard, Atlanta, GA, 30310 1047 Ralph David Abernathy Boulevard, Atlanta, GA, 30310 1047 Ralph David Abernathy Boulevard, Atlanta, GA, 30310 1047 Ralph David Abernathy Boulevard, Atlanta, GA, 30310 1047 Ralph David Abernathy Boulevard, Atlanta, GA, 30310
FOR SALE
Property Type:
Street Retail
Amount:
$450,000
Last Verified:
Apr 02, 2024

Highlights

  • Prominent Marquee Sign
  • Corner Lot
  • New HVAC and Roof
  • Average Daily Traffic Count 11,200
  • Bus Line
  • Federal Opportunity Zone Information link:
  • https://www.dca.ga.gov/community-economic-development/incentive-programs/federal-opportunity-zones

Description

Introducing 1047 Ralph David Abernathy, a prime retail property in the bustling West End neighborhood. This all-brick construction boasts a spacious 1,504 SF, offering an ideal space for an owner-user. Situated on a corner lot with a prominent marquee sign, this property is sure to capture attention. The property features a new HVAC system and roof, ensuring a comfortable environment for customers. With an average daily traffic count of 11,200, visibility is guaranteed. The 0.25-acre lot provides ample parking and potential for further development. Conveniently located in Atlanta's Federal Opportunity Zone, this property presents an exceptional investment opportunity. The zoning allows for various retail possibilities, except restaurants. Don't miss out on your chance to own a piece of the vibrant West End market. Contact Derek Creviston at 770.298.7945 or dcreviston@svn.com for more information on this incredible retail space. Take advantage of the price improvement and the benefits of being in a Federal Opportunity Zone. Seize the opportunity to own and thrive in one of Atlanta's most desirable locations.

Located in the West End .5 miles from I 20


Year Built: 1974
Building Size: 1504sq ft
Lot Size: 0.25 acres


Documents

2019_Federal_Opp_Zones.pdf
1047 Ralph David Flyer

Map of 1047 Ralph David Abernathy Boulevard, Atlanta, GA, 30310

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.